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finance & marketing
| Question | answer |
|---|---|
| managerial finance | decisions that all types of companies make except corporations. |
| personal finance | individual taking care of money. |
| dividends | a small payment to each person who owns a stack of a company. |
| liability | an obligation or debt owed to someone. |
| allocate | to distribute according to a plan. |
| capacity | the ability of the borrower to repay the loan. |
| capital | the money the entrepreneur has personally invested in the business. |
| collateral | a asset pledged to the lender as a security for the money being borrowed |
| condition | |
| corporate finance | decisions that enterprises make. |